Thepropertyinvestmentmarket.com (TPIM) has launched the Portfolio Builder, which enables investors to build a portfolio, without worrying about selecting any properties themselves.
Investors need an initial investment fund of £1000 to open the account, which then spreads the funds automatically and equally across the ten most popular new properties entering the exchange. Once the initial £1000 has been invested, investors can choose to regularly increase investment into their portfolio or maintain the existing level.
In addition to reaping the rewards from the capital growth of the asset and rental yields, investors will earn 4.5 per cent interest on funds paid into their account prior to property transactions.
Stephen Kenny, chief executive of thepropertyinvestmentmarket.com, said: “The Portfolio Builder offers a quick and easy method to invest in property. It is designed specifically for our investors who want to get involved in property investment but don’t want to deal with choosing which properties they invest in. The new product also reduces the level of risk, because the investment is spread across a wide range of properties, which will appeal to risk adverse investors. It still offers investors all the benefits of our standard account, including a low one per cent transaction charge, the ability to view their portfolio online and sell shares as and when they want or need to.”
